Roxi Petroleum: 1H Results – Galaz Profit at $19m, Reviewing New Well Construction Bids
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces its unaudited results for the six-month period ended 30 June 2015. Highlights Operational During the period under review – Deep Well A5: Clean up work largely completed by May 2015 – Deep Well 801: …
Roxi Petroleum: Galaz Money Received – BNG Deep Well 801 – Potential 100m Oil Bearing Interval
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset and on the collection of the outstanding sales proceeds from Galaz. Deep Well 801 Deep Well 801 was spudded on 15 …
Roxi Petroleum: $10.4m of $23m of Galaz Cash is in the Bank
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the sale of Galaz. Further to the announcement of 12 June 2015, Roxi confirms that to date $10.4 million of the $23 million attributable to Roxi has …
Roxi Petroleum: Receives $6.9m As Part of Galaz Sale
Further to the announcement of 1 June 2015 extending the completion date of the sale of the Company’s equity and debt interests in the Galaz Contract Area to a consortium led by Xinjiang Zhundong Petroleum Technology Co, a Chinese publicly traded conglomerate, (the “Galaz Disposal”), Roxi, announces that it has …
Roxi Petroleum: Deep Well A5 – Unblocked and On 30 Day Well Test
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG together with updates on the Sale of Galaz and the proposed BOCO investment. Deep Wells Deep Well A5 The well was spudded …
Roxi Petroleum: Galaz Sale to Fund BNG Development
Further to the announcement of 10 February 2015, Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the sale of the Company’s equity and debt interests in the Galaz Contract Area to a consortium led by Xinjiang Zhundong Petroleum Technology Co, …
Roxi Petroleum: BOCO Take $20m usd Subscription
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce it has entered into a subscription agreement to raise $20m at above the current market price. The Company has entered into a Subscription Agreement with BOCO (H.K.) Limited, (“BOCO”),whereby BOCO will subscribe for …
Roxi Petroleum: Galaz Sale Due April 30th, Cheap Fixes on Well A5 Proving Costly
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset and progress on the completion of the sale of Galaz. BNG Operational Update The BNG Contract Area is located in the …
Roxi Petroleum: Proposed Sale of the Galaz Contract Area
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of progress concerning the possible sale the Galaz Contract Area in which it holds an interest of 34.22 per cent. Further to the announcement of 8 January 2015, Roxi …
Roxi Petroleum: Operational Update
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its BNG asset and also to set out its corporate strategy for the medium term. BNG Background The BNG Contract Area is located in the …